monopolies
Sole seller situations
Monopolies is the plural of monopoly—exclusive control over a commodity, service, or market.
A company with a monopoly faces no competition: Standard Oil's monopolies were broken up by antitrust action.
The word extends to any exclusive possession: She has a monopoly on his attention.
Monopolies also names the board game, though that's typically capitalized.
Federal antitrust statute
- Federal Trade CommissionAgency overseeing marketplace fairness
- trustbusterOne who dismantles monopolies
- breakupRomantic relationship's termination
- divestitureDisposal of assets
consent decree · enforcement · market concentration · unfair practices · predatory pricing · remedies · injunction
Historic petroleum monopoly
- AT&TTelecommunications conglomerate
- MicrosoftRedmond technology corporation
- GoogleDominant web search provider
- AmazonGreek warrior women
robber baron · tycoon · magnate · conglomerate · trust · syndicate · holding company · Carnegie
Control over a sector
- market sharePercentage of sector sales
- barrier to entryCompetitive impediment for newcomers
- vertical integrationOwning multiple production stages
- network effectsValue increasing with participation
economies of scale · captive market · market power · predatory practices · cornering the market · bottleneck · lock-in · winner-take-all
Dominant group's control
- imperialismExtending dominion over others
- East India CompanyBritish colonial trading corporation
- royal charterMonarch-issued rights document
- protectionismShielding local producers
trade restriction · mercantilism · command economy · nationalization · state control · central planning · postal service · public utility
Clayton Act
Federal antitrust statute
- Federal Trade CommissionAgency overseeing marketplace fairness
- trustbusterOne who dismantles monopolies
- breakupRomantic relationship's termination
divestiture · consent decree · enforcement · market concentration · unfair practices · predatory pricing · remedies · injunction
Standard Oil
Historic petroleum monopoly
- AT&TTelecommunications conglomerate
- MicrosoftRedmond technology corporation
- GoogleDominant web search provider
Amazon · robber baron · tycoon · magnate · conglomerate · trust · syndicate · holding company · Carnegie · Rockefeller
market dominance
Control over a sector
- market sharePercentage of sector sales
- barrier to entryCompetitive impediment for newcomers
- vertical integrationOwning multiple production stages
network effects · economies of scale · captive market · market power · predatory practices · cornering the market · bottleneck · lock-in · winner-take-all
hegemony
Dominant group's control
- imperialismExtending dominion over others
- East India CompanyBritish colonial trading corporation
- royal charterMonarch-issued rights document
protectionism · trade restriction · mercantilism · command economy · nationalization · state control · central planning · postal service · public utility · sovereign power
Boardwalk
Raised wooden seaside path
- Park PlacePremium board game real estate
- propertySomething owned or inherent
- deedWritten property conveyance
Go · jail · railroad · utility · house · hotel · rent · mortgage · bankruptcy · chance
- capitalismcapitalism, free market, free enterprise, private property, profit motive
- economic historystock market crash, Industrial Revolution, trade routes, Great Depression, gold standard
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- medieval economyfiefs, manors, serfs, vassals, lords
- trade historycommerce, merchant, trade routes, traders, colonial economy
- Bourbon FranceVersailles, the Sun King, Louis XV, Colbert, Edict of Nantes
monopoliesperfect competition
Frictionless market ideal
free markets · competitive markets · open markets · oligopolies · duopolies
monopoliesantitrust
Against corporate market dominance
antimonopolistic · trust-busting · deregulation · free enterprise · breakups
monopoliesshared ownership
Joint holding of property
decentralization · pluralism · open access · cooperatives · collective ownership
- break up monopolies
- media monopoliesSingle-owner control of communications
- tech monopoliesDominant technology corporations
- government monopoliesState-held sole market control
- trade monopoliesSole commercial control granted
- state monopoliesSole government control of industries
monopolize, monopolizing, monopolized, monopolization, monopolist, monopolistic, monopolizer, monopolizers